Vacasa (VCSA) Set to Announce Quarterly Earnings on Thursday

Vacasa (NASDAQ:VCSA) is scheduled to release its earnings data after the market closes on Thursday, November 7th. Analysts expect Vacasa to post earnings of $1.92 per share for the quarter.

Vacasa (NASDAQ:VCSA) last released its quarterly earnings results on Friday, August 9th. The company reported ($0.59) EPS for the quarter, topping the consensus estimate of ($1.94) by $1.35. Vacasa had a positive return on equity of 174.62% and a negative net margin of 36.09%. The business had revenue of $248.98 million during the quarter, compared to analysts’ expectations of $259.41 million. During the same quarter in the prior year, the business earned ($0.20) earnings per share. On average, analysts expect Vacasa to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Vacasa Stock Performance

NASDAQ:VCSA opened at $2.54 on Friday. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market cap of $57.35 million, a price-to-earnings ratio of -0.09 and a beta of 0.57. The firm’s fifty day moving average price is $3.07 and its 200 day moving average price is $4.15. Vacasa has a 1-year low of $2.07 and a 1-year high of $13.00.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on VCSA shares. The Goldman Sachs Group dropped their price target on shares of Vacasa from $7.50 to $6.50 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Needham & Company LLC dropped their target price on Vacasa from $8.00 to $5.00 and set a “buy” rating on the stock in a research report on Friday, August 9th.

Vacasa Company Profile

Vacasa, Inc operates vacation rental management platform in North America, Belize, and Costa Rica. The company enables guests to search, discover, and book its properties on Vacasa.com and its Guest App. Vacasa, Inc was founded in 2009 and is headquartered in Portland, Oregon.